forex market comments

GBPCHF erratic movement is extended further, however look for more downswings below 1.5960 price level. (1 hour chart)

USDJPY has formed low trading range, waiting action remains for now. Boring situation is extended. (1 hour chart)

GBPUSD bulls have extended their prior movement, however buying opportunities still remain just above 1.5116 significant barrier. (1 hour chart)

NZDUSD has reached 0.7142 price barrier, however bears did manage to decline the price. At the moment, short term selling options are valid below 0.7142 barrier. (1 hour chart)

USDCAD has made a reverse back to 1.0237 price barrier - further bouncing is expected, look for buying options above this level. (1 hour chart)

GBPCHF bears have extended their previous rally further downside, selling options are on a table. (1 hour chart)

GBPUSD has dropped downside, while 1.4727 barrier is active look for buying options. (1 hour chart)

EURJPY has concentrated in new high ground, bulls have more opportunities. Look for buying options above 111.60 price barrier. (1 hour chart)

USDJPY more jumping occurs for this pair, look for short term buying possibilities above 91.45 level. (1 hour chart)

USDCAD have extended their prior movement further downside, look for selling options below 1.0443 price level. (1 hour chart)

EURGBP very low movements are formed near resistance barrier at 0.8290 price level, a breakout at resistance level can initiate stronger bullish slides. (1 hour chart)

AUDUSD has extended their previous rally further downside, bears are in good shape and control of situation. Look for selling options below 0.8227 price barrier. (1 hour chart)